LVRAU (Levere Holdings) EBIT : $-1.48 Mil (TTM As of Sep. 2022)

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What is Levere Holdings EBIT?

Levere Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-0.24 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Levere Holdings's annualized ROC % for the quarter that ended in Sep. 2022 was -0.35%. Levere Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -643.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Levere Holdings EBIT Historical Data

The historical data trend for Levere Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Levere Holdings EBIT Chart

Levere Holdings Annual Data

Trend

Dec21

EBIT

-1.02

Levere Holdings Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-0.26	-0.56	-0.46	-0.22	-0.24

Competitive Comparison of Levere Holdings's EBIT

For the Shell Companies subindustry, Levere Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Levere Holdings's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Levere Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Levere Holdings's EV-to-EBIT falls into.

Levere Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.48 Mil.

Levere Holdings (NAS:LVRAU) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Levere Holdings's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-0.968 * ( 1 - 0% )	/	( (272.667	+	273.893)	/ 2 )
=	-0.968	/	273.28
=	-0.35 %

where

	Invested Capital		(Q: Jun. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	272.635	-	0.093	-	( 0.655	-	max(0, 1.053	-	0.928	+	0.655	))
=	272.667

	Invested Capital		(Q: Sep. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	273.621	-	0.054	-	( 0.513	-	max(0, 1.014	-	0.688	+	0.513	))
=	273.893

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

Levere Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.968	/	( ( (0 + max(0.18, 0))	+	(0 + max(0.121, 0)) )	/	2 )
=	-0.968	/	( ( 0.18	+	0.121 )	/	2 )
=	-0.968	/	0.1505
=	-643.19 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.273)	-	(0.093	+	0	+	0)
=	0.18

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.175)	-	(0.054	+	0	+	0)
=	0.121

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Levere Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-1.482	/	0.000
	=	%

Levere Holdings EBIT Related Terms

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Levere Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Levere Holdings Corp (NAS:LVRAU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Boundary Hall, Cricket Square, P.O. Box 1093, Grand Cayman, CYM, KY1-1102

Website

https://www.levereholdings.com

Levere Holdings Corp is a blank check company.

Executives

Ulrich Hoernke	officer: Chief Financial Officer	SOCKINGERSTRASSE 29, STARNBERG 2M 82319
Wilko A Stark	director	AMSELWEG 23, GERLINGEN 2M 70839
Stefan Krause	officer: See Remarks	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Waisman-diamond Martin Varsavsky	director, 10 percent owner, officer: See Remarks	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Andrea Yasmina Fage-lana	director, officer: Chief Operating Officer	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Matthieu Pigasse	director	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Network Gmbh Goggo	10 percent owner	AXEL-SPRINGER-STRASSE 65, BERLIN 2M 10888
Ingo Hueck	director	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Bodo Uebber	director	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Alex Clavel	director	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102

Levere Holdings Headlines

From GuruFocus

Levere Holdings Corp. Announces the Separate Trading of its Class A Common Stock and Redeemable Warrants, Commencing May 10, 2021

By PRNewswire PRNewswire • 05-07-2021